Australia's Snowy Hydro releases EoI for 400 MW wind, 400 MW solar

May 29 (Renewables Now) - Australia's Snowy Hydro Ltd is looking to contract up to 400 MW of wind and 400 MW of solar generation.

The company, which owns the 4.1-GW Snowy Mountains hydroelectric scheme, on Friday announced an expression of interest (EoI) for the procurement programme, designed to expand its portfolio of renewable energy generation and meet growing customer demand. Snowy Hydro provides electricity and gas to more than one million customers via its retail businesses, Red Energy and Lumo Energy.

Responses to the EoI will be shortlisted and participants on the shortlist will be asked to present a binding request for proposal (RfP).

Australia's federal government earlier this year announced it will become 100% owner of Snowy Hydro by acquiring the stakes held by the New South Wales and Victorian governments. The deal is expected to pave the way for the Snowy 2.0 pumped hydro project, which would add 2 GW of capacity.